122
122
Dec 26, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 0
will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few
will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york...
109
109
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 109
favorite 0
quote 0
the leaders of your caucus and congress decided i'd probably win in '96, and we started working together because the shutdowns were an action-forcing event. this time, after the election, there will be less gridlock. if governor romney were to win, he'd just implement the agenda that he campaigned on. >> right. >> and if the president wins re-election, which is what i think will happen, it no longer makes sense to have your number one goal, defeating him for re-election, because he can't run for anything. and i believe -- and he will no longer have, as his number one goal, drawing distinctions between himself and his party that says they want to beat him. they both will have a dramatically greater incentive to get stuff done. >> will the parties allow that to happen? because you look at what happened in the '90s. and i'll be the first to admit it, that i didn't see some things coming. i would say democrats didn't as well in '93 and '94, i campaigned on the tax increase, and i got elected because of the tax increase. i thought it was going to wreck the economy. it didn't wreck the economy
the leaders of your caucus and congress decided i'd probably win in '96, and we started working together because the shutdowns were an action-forcing event. this time, after the election, there will be less gridlock. if governor romney were to win, he'd just implement the agenda that he campaigned on. >> right. >> and if the president wins re-election, which is what i think will happen, it no longer makes sense to have your number one goal, defeating him for re-election, because he...
330
330
Dec 26, 2012
12/12
by
WBAL
tv
eye 330
favorite 0
quote 0
of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani mechanism, hoping it would force a compmise, but it hasn't. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation among lawmakers to kick in and realize that if we go past january 1st with no deal, the markets are likely to decline in a significant way and alarm most americans. they don't want to have themselves blamed for that. >> r
of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani mechanism, hoping it would force a compmise, but it hasn't. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house...
274
274
Dec 26, 2012
12/12
by
CNBC
tv
eye 274
favorite 0
quote 0
here, you will see a slight change in style of congress. there is a camp in the republican camp that says let's do nothing until we get to debt ceiling because that re-established our ledge. there is a movement that the president and congress say we're not going to play hostage again where we get downgraded and the country is on a real cliff and not pay our bills. there is a chance democrats look at republicans, say, fine, don't raise the debt ceiling, the fault of the united states of america will be on your shoulders. i hope we don't get that and get the out-line of a deal in coming weeks. it will have to address everything, tax writing committees and spending committees to do the larger deal, grand bargain in time. the debt ceiling thing, i hope that comes off the table. >> what's your thought on raising the retirement age at any degree, i'm sorry the age of eligibility for medicare benefits. >> for medicare benefits, republicans were running with that a long time. came to realize because what you were doing is you were taking the younge
here, you will see a slight change in style of congress. there is a camp in the republican camp that says let's do nothing until we get to debt ceiling because that re-established our ledge. there is a movement that the president and congress say we're not going to play hostage again where we get downgraded and the country is on a real cliff and not pay our bills. there is a chance democrats look at republicans, say, fine, don't raise the debt ceiling, the fault of the united states of america...
618
618
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 618
favorite 0
quote 1
it's a tremendous blow to the credibility, particularly of congress, if we go off the fiscal cliff and then go to all these shenanigans to patch something together. >> ken walsh, chief white house correspondent dante for u.s. news and world report. >> thank you. >> one year since a tragic christmas fire that captured the nation's attention. now, a shattered mother is speaking about the fire that killed her mother, her father and three daughters. her story, one year later, is next. [ male announcer ] this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. back to the news. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! one police officer who survived the apparent shooting ambush in upstate new york wishes he could have done more to help the volunteer firefighters who ultimately died. it happened christmas eve. police s
it's a tremendous blow to the credibility, particularly of congress, if we go off the fiscal cliff and then go to all these shenanigans to patch something together. >> ken walsh, chief white house correspondent dante for u.s. news and world report. >> thank you. >> one year since a tragic christmas fire that captured the nation's attention. now, a shattered mother is speaking about the fire that killed her mother, her father and three daughters. her story, one year later, is...
116
116
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 116
favorite 0
quote 0
the next few days you might see the words come together on top of the cup. it's not an homage to the beatles. that was put on cups to push members of congress to come to a deal on the fiscal cliff. shultz followed up with a blog saying everyone should put the pressure on congress. >>> a cartoonist went a more pessimistic approach. a box labeled deficit crisis compromised saying do not open until with all the holidays crossed out signed by boehner and obama. >>> all featured on politico's list of the top viral videos of 2012. the politico ones, of course. here's a look back. >> in the silvery moonlight that bathes every town, the people lie dreaming so safe and so sound. they're warm in their beds, snuggled up in the sheets. but four years before, they were out in the streets. sorry, my friend, but there's no time to snore. we're all on our own if romney has his way. and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> there's only one thing that might deny us the presidency that is the god-given prop
the next few days you might see the words come together on top of the cup. it's not an homage to the beatles. that was put on cups to push members of congress to come to a deal on the fiscal cliff. shultz followed up with a blog saying everyone should put the pressure on congress. >>> a cartoonist went a more pessimistic approach. a box labeled deficit crisis compromised saying do not open until with all the holidays crossed out signed by boehner and obama. >>> all featured on...
202
202
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 202
favorite 0
quote 0
and i know we have it in us to come together and do the right thing. we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about the fiscal cliff and we know that potential huge tax increase for us. even if they come up with a way, your taxes are going up. >> clayton: because of obamacare and the spending we're about to put forth for that is going to go into effect in 2013. we went through this. we'll start at the top because a 3.8% surtax on investment income will take place. 3.8% on individuals for $200,000 or married couples with a $250,000 a year income. >> gretchen: also a cap on the flexible and spending accounts that maybe you have become accustomed to. remember those are tax free dollars you can take
and i know we have it in us to come together and do the right thing. we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about...